Bitcoins and Liberty Reserve

Iron Bat

BANNED

Dec 8, 2017

94

20

• Dec 9, 2017

• #1

Hello, Is bitcoin same as liberty reserve?
I think Bitcoins has same future as liberty reserve.
Bitcoin is used by criminals for all kind of illegal activities.
It facilitates money laundering activities as well.
I think it will be banned soon.
what do you think guys???

 

JB2302

Elite Member

Jr. VIP

Jun 23, 2015

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• Dec 9, 2017

• #2

ohh yeah, what about the good side of bitcoin ??

 

Fragmaster

Senior Member

Apr 3, 2016

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1,445

• Dec 9, 2017

• #3

It's not the same. Liberty reserve was centralized, bitcoin is decentralized. Who would US gov arrest this time in order to shut it down?

 

Iron Bat

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Dec 8, 2017

94

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• Dec 9, 2017
• Thread Starter Thread Starter

• #4

jb2302 said:

ohh yeah, what about the good side of bitcoin ??

Click to expand...

I know it has some good sides but it is very good tool for money laundering.
criminals use Bitcoins to store their money and launder it too. BTC wallet is better than a bank account to keep their money.
They can easily cashout their money by bitcoins. After scamming they wash bitcoins and make it untraceable. All criminals use it because it is untraceable.

 

A

Alangile

Newbie

Sep 28, 2017

45

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• Dec 9, 2017

• #5

Tell me about good side of bitcoin?

 

Iron Bat

BANNED

Dec 8, 2017

94

20

• Dec 9, 2017
• Thread Starter Thread Starter

• #6

Alangile said:

Tell me about good side of bitcoin?

Click to expand...

I also want to know
tell us

 

bartosimpsonio

Elite Member

Executive VIP

Jr. VIP

Mar 21, 2013

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31,560

• Dec 9, 2017

• #7

U$ is also used by criminals for all sorts of shit. Is U$ the same as Liberty Reserve?